Market Pulse: A Weak Quarter, But Still A Promising Year

Tempo

April 18, 2017

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Although the first quarter remains weak, there are hopeful signs that the economy is on the mend. And, should this trend continue, most expect a stronger recovery in the second half of this year. The World Bank's latest report projected this year's growth to reach 5.2 percent, above the market consensus of around 5.0 percent. They noted an improvement in consumer spending, with auto and cement sales up in the first quarter. Inflation in March was a

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